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Budget 2023 Imposes Penalty of Rs. 5,000 for Inaccuracy in Statement of Financial Transactions submitted by Prescribed Reporting Financial Institution [Read Finance Bill]
The Union Budget 2023 imposed penalty of Rs. 5,000 for Inaccuracy in Statement of Financial Transactions (SFT) submitted by Prescribed Reporting...
![Budget 2023: Finance Bill Amends Income Tax Act to Insert Designation New Joint Commissioner (Appeals)to Dispose First Appeals [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Budget-2023-Finance-Bill-Amends-Income-Tax-Act-TAXSCAN.jpg "Budget 2023: Finance Bill Amends Income Tax Act to Insert Designation New Joint Commissioner (Appeals)to Dispose First Appeals [Read Finance Bill]")
![Budget 2023: Major changes under Income Tax Act 1961 [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Act-1961-Income-Tax-Act-budget-2023-union-budget-2023-nirmala-sitharaman-budget-2023-india-union-budget-2023-live-taxscan.jpg "Budget 2023: Major changes under Income Tax Act 1961 [Read Finance Bill]")
Setback to Investment in Residential Houses: Union Budget 2023 Proposes Capital Gain Exemption Limit u/s 54 and 54F [Read Finance Bill]
In the Union Budget 2023, the Union Finance Minister Nirmala Sitharaman has proposed the exemption limit of the Capital Gain under section 54 and Section 54F of the Income Tax Act, 1961. According...
![Major GST Amendments proposed in Union Budget 2023 [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/budget-2023-GST-GST-amendments-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-nirmala-sitharaman-union-budget-nirmala-sitharaman-budget-2023-india-Taxscan.jpg "Major GST Amendments proposed in Union Budget 2023 [Read Finance Bill]")
